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Analysts' Weekly Ratings Changes for Hudbay Minerals (HBM)

Defense World ·  Jul 29, 2022 14:11

A number of firms have modified their ratings and price targets on shares of Hudbay Minerals (TSE: HBM) recently:

  • 7/22/2022 – Hudbay Minerals had its price target lowered by analysts at Cormark to C$8.00. They now have a "buy" rating on the stock.
  • 7/22/2022 – Hudbay Minerals had its price target lowered by analysts at Haywood Securities from C$12.00 to C$8.00. They now have a "buy" rating on the stock.
  • 7/20/2022 – Hudbay Minerals had its price target lowered by analysts at CIBC from C$12.00 to C$10.00.
  • 7/19/2022 – Hudbay Minerals was downgraded by analysts at National Bankshares, Inc. from an "outperform" rating to a "sector perform" rating. They now have a C$7.75 price target on the stock, down previously from C$8.50.
  • 7/19/2022 – Hudbay Minerals was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a C$6.00 price target on the stock, down previously from C$9.00.
  • 7/19/2022 – Hudbay Minerals had its price target lowered by analysts at Raymond James from C$12.00 to C$8.00. They now have an "outperform" rating on the stock.
  • 7/19/2022 – Hudbay Minerals had its price target lowered by analysts at Stifel Nicolaus from C$16.50 to C$12.00.
  • 7/18/2022 – Hudbay Minerals was downgraded by analysts at National Bank Financial from an "outperform" rating to a "sector perform" rating.
  • 7/18/2022 – Hudbay Minerals had its price target lowered by analysts at BMO Capital Markets from C$13.50 to C$13.00.
  • 7/7/2022 – Hudbay Minerals had its price target lowered by analysts at Scotiabank from C$10.00 to C$7.50.
  • 7/6/2022 – Hudbay Minerals had its price target lowered by analysts at National Bankshares, Inc. from C$11.50 to C$8.50.
  • 6/28/2022 – Hudbay Minerals had its price target lowered by analysts at Credit Suisse Group AG to C$9.00. They now have an "outperform" rating on the stock.
  • 6/28/2022 – Hudbay Minerals had its price target lowered by analysts at CSFB from C$12.00 to C$9.00.

Hudbay Minerals Stock Performance

TSE:HBM opened at C$4.49 on Friday. The business's 50-day moving average price is C$5.91 and its two-hundred day moving average price is C$8.16. Hudbay Minerals Inc. has a twelve month low of C$4.07 and a twelve month high of C$11.17. The stock has a market cap of C$1.18 billion and a P/E ratio of -7.51. The company has a quick ratio of 0.87, a current ratio of 1.35 and a debt-to-equity ratio of 80.55.

Hudbay Minerals (TSE:HBM – Get Rating) (NYSE:HBM) last announced its quarterly earnings data on Monday, May 9th. The mining company reported C$0.03 EPS for the quarter, missing the consensus estimate of C$0.12 by C($0.09). The firm had revenue of C$479.61 million during the quarter, compared to analysts' expectations of C$511.94 million. As a group, equities analysts predict that Hudbay Minerals Inc. will post 1.3 EPS for the current fiscal year.

Hudbay Minerals Inc, a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals.

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